Sanofi to downsize at R&D base in Hungary - Index.hu
French drugmaker Sanofi will lay off staff at its research and development base in Hungary as part of a consolidation of its R&D centers around the world, Hungarian news website Index.hu said on Thursday.
Iván Rózsa, communications director for Sanofi’s Hungarian unit, told Index about half of the 300 people employed in R&D in Hungary would not be affected by the restructuring, but added that it was still too early to give a precise figure for layoffs.
Almost 2,500 people work for Sanofi in Hungary.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.